Question : It is a bank which performs the function of accepting deposits and granting loans from the public.
Option 1: Commercial bank
Option 2: Central Bank
Option 3: Reserve bank of India
Option 4: None of the above.
Correct Answer: Commercial bank
Solution : Commercial bank primary function is to accept deposits and grant loans. Hence Option A is correct.
Question : Which of the following is a function of the Small Industries Development Bank of India (SIDBI)?
Option 1: Providing credit facilities to small industries
Option 2: Regulating the securities market
Option 3: Regulating the functioning of commercial banks
Option 4: None of the above
Question : Which of the following is not a function of the Securities and Exchange Board of India (SEBI)?
Option 1: Regulating the securities market
Option 2: Protecting the interests of investors
Question : Which of the following is a function of the Reserve Bank of India (RBI)?
Option 1: Formulating monetary policy
Option 2: Issuing currency notes
Option 3: Regulating and supervising the functioning of banks
Option 4: All of the above
Question : Which of the following is a function of the Securities and Exchange Board of India (SEBI)?
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